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I am opening up a ROTH IRA for the first time and I have had the 5k from last year sitting in an ING savings account. If I open the account now, and put that money in, does that count as my 2008 contribution or my 2009 contribution?
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Jan 17, 2009 04:39
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Regnevelc posted:I am hearing that the international market will start their downturn shortly and that the U.S. Market will start their recovery. I think that advice sounds a little fishy. Why would the international market start their downturn shortly, they have pretty much been getting hammered along with the US. Vanguard All World ex US etf:  Vanguard European ETF:  Vanguard Pacific ETF:  Vanguard Emerging Market ETF:  These charts certainly do not indicate that the rest of the world is going to begin their downturn shortly...maybe you have been hearing about a different world. They may not be at the bottom but the rest of the world has also been caught up in the economic turmoil at about the same time.
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Apr 21, 2009 01:00
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KarmaCandy posted:And if anyone's curious, here was his explanation: It's probably ok, however, if he wants to continue doing it on any sort of volume he should move to a broker that will not charge commissions on his trades for larger accounts. Zecco comes to mind. SecretFire posted:In related news, I've had a lump sum sitting in my brokerage account for over a month now, but I haven't yet put it into the portfolio I designed. It seems like every day I have the free time to do it, the market is up a couple of percent, and I'd prefer to wait until it's down a few percent to put the money in. I really need to stop trying to time the market but...aggh. I am in the same boat. I may just dump it all into a bond ETF until small market correction comes. Heh all I want to do is buy on a down tick but it does not appear that will ever come.
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Dec 5, 2009 17:21
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